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BUSINESS

Largest Exchange In Latin America, Mercado Bitcoin, Raises $200 Million From SoftBank

Namcios -
Major Brazilian exchange Mercado Bitcoin has raised $200 million from SoftBank and will seek to increase offerings and penetrate new markets.
MARKETS

First Bitcoin ETF Approved In Latin America

Peter Chawaga -
QR Capital has announced that its bitcoin ETF will list on the Brazilian stock exchange, making it the first such product in Latin America.
MARKETS

From Brazil To Turkey, Bitcoin Prices Hit All-Time Highs Around The World

Peter Chawaga -
People whose local financial systems are failing through no fault of their own are increasingly turning to bitcoin and driving prices to new highs.
CULTURE

Darknet Markets Can’t Live With — or Without — Bitcoin

David Hollerith -
Inside the darknet market seizure made possible by Bitcoin.
MARKETS

Huobi Japan Raises $4.6M for Expansion

Landon Manning -
The Japanese branch of cryptocurrency exchange Huobi has raised about $4.6 million to put toward expansion.
CULTURE

City in Brazil to Accept Bitcoin for Public Transportation

Jimmy Aki -
Bus riders in Brazil’s fifth-largest city could soon be paying for their rides in bitcoin.
BUSINESS

Bitwage Service Adds Payroll Tax Payment Funding Options for U.S. Businesses

Jimmy Aki -
Essentially, Bitwage now allows companies across the United States and Puerto Rico to fund their W2 payrolls and payroll taxes in ether and bitcoin.
MARKETS

Black Christmas as Brazilian Bitcoin Exchange Loses Founder in a Car Crash

Jimmy Aki -
Luís Augusto Schiavon Ramos, known as Guto Schiavon, the founder of one of Brazil’s largest bitcoin exchanges, was killed in a car accident in Sao Paulo on Christmas Day.
BUSINESS

BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services

Aaron Van Wirdum And Colin Harper -
This expansion will add to its offerings in 46 states of the United States, something that required “quite a bit of work,” according to CEO Zac Prince.
BUSINESS

Crypto Exchange Huobi Quietly Opens Office in Brazil and Starts Hiring

Amy Castor -
According to reports, Huobi has already set up offices in a coworking space in São Paulo and is hiring staff.
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